Cryptocurrency Q&A
What happened to Foundry USA?
What happened to Foundry USA?
SamuraiSoul
Wed Dec 11 2024
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7 answers
1726
I heard some news about Foundry USA and I'm wondering what exactly happened to it. Did they go bankrupt or did they just close down? I need to know the details of what transpired with Foundry USA.
7 answers
CryptoQueen
Fri Dec 13 2024
Foundry, a mining pool owned by Digital Currency Group (DCG), has recently undergone significant personnel adjustments.
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Sara
Thu Dec 12 2024
In addition to the U.S. layoffs, Foundry has also let go of a "small team in India."
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CryptoVeteran
Thu Dec 12 2024
As part of its strategic shift, Foundry has decided to focus on its core business operations.
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GyeongjuGlorious
Thu Dec 12 2024
The specific reasons for the Indian team's reduction are not disclosed, but it is likely aligned with the company's overall restructuring efforts.
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Elena
Thu Dec 12 2024
Consequently, the company has initiated layoffs affecting 16% of its U.S.-based workforce.
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